Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1887-06-11

but few years ago cost them but dimin-
utive sum. With its grand system of
water works, its elegant new hotel, mag
niticent stables, beautiful drives, gigantic
groves of aromatic pines, the refreshing
and invigorating breezes from the broad
Pacific, it requires no stretch of magma
ton to see at this place in the near future
city OF 10000 inhabitants. and the lots
which will sell to-day for a few hundred
dollars will then be eagerly sought at ten
to twenty times their present value.
RARE OPPORTUNITY TO PURCHASE LOTS.
So popular has become this seaside re-
sort that all the lots in the First and Sec
ond Additions have been disposed of dur
ing the past season, and the Pacific I'M
proyement Company have now added a
new or third addition, taken from ada
cent lands, and subdivided it into fourteen
hundred highly desirable lots. These have
been all accurately staked out, and will be
offered for sale at a grand auction to be
held on the grounds, commencing Tues
day, June 18th, and continuing three days.
SUPERIORITY OF LOTS NOW OFFERED
The third addition has all the good
| points OF the first and second additions, as
to climate, drainage, water supply, etc,
and even superior, from the fact that the
new lots are situated on higher ground, are
| more thickly timbered, and all lie sloping
gently to the southwark. Being so located,
1t will be seen that this property has addi-
tlonal advantages over any other portion of
the Grove in the matter of drainage, pro-
lection from the wind, beautiful views and
| for residence purposes. The water at the
Grove is known to be of the very best and
| purest for domestic use. This will be dis
tributed 10 each lot in the addition as fast
as required from improvements made.
EQUAL CHANCE TO ALL.
| This auction sale of l 400 of the choicest
residen ce lots is attracting wide attention,
and already large demands are made to
| purchase at private sale, but the Pacific
| improvement Company has decided to
allow no sales to be made until the prop
| erty is offered under the hammer to the
highest bidder, thus giving the people an
equal chance to secure choice, and also
allow the prices to be graded by the bid
| ders. The property will be sold without
reserve, subject to the conditions named in
deeds as 10 the sale of intoxicants.
THE TERMS OF SALE.
| The terms upon which the company has
| decided to sell the lots are most favorable
being one-fourth cash, and the balance in
| tnree equal payments, due in six, twelve
and eighteen months. with interest at six
per cent. per annum. The title is absolutely
perfect, and deeds will be, as usual, at the
purchasers expense. A deposit of ten per
cent. will be required at the fall of the
hammer, the balance of first payment to
be made on the evening of each DAYS sale
at the company's Office on the grounds,
when contract will be issued.
| EXCURSIONS TO THE SALE
There is no doubt but that this will be
one of the largest and most popular public
sales of lots ever witnessed, and to enable
all who desire to attend to do so, an excur-
sion train will leave San Francisco on
Tuesday, June 2Sth at Am with fare
placed at greatly reduced rates. These
tickets will be good for any return trains
up to and including July %, thus affording
an opportunity to visit this delightful place
at normal cost and remain several DAYS
| even if the excursionist does not wish to
invest. The sale will commence on the